Dean Capital Investments Management LLC Takes $1.48 Million Position in Liquidia Technologies Inc (LQDA)

Dean Capital Investments Management LLC purchased a new stake in shares of Liquidia Technologies Inc (NASDAQ:LQDA) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 54,054 shares of the company’s stock, valued at approximately $1,483,000. Liquidia Technologies accounts for 1.0% of Dean Capital Investments Management LLC’s holdings, making the stock its 2nd largest position. Dean Capital Investments Management LLC owned about 0.35% of Liquidia Technologies at the end of the most recent reporting period.

Separately, BlackRock Inc. purchased a new stake in Liquidia Technologies during the third quarter valued at about $5,924,000. 20.29% of the stock is owned by hedge funds and other institutional investors.

LQDA has been the subject of several analyst reports. Cowen initiated coverage on shares of Liquidia Technologies in a research report on Monday, August 20th. They set an “outperform” rating and a $40.00 price target for the company. Wedbush upped their price target on shares of Liquidia Technologies from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Thursday, November 1st. Zacks Investment Research lowered shares of Liquidia Technologies from a “hold” rating to a “sell” rating in a research report on Wednesday, November 7th. Jefferies Financial Group assumed coverage on shares of Liquidia Technologies in a research report on Monday, August 20th. They set a “buy” rating and a $22.00 price target for the company. Finally, Needham & Company LLC set a $32.00 price objective on shares of Liquidia Technologies and gave the company a “buy” rating in a research note on Wednesday, October 31st. One analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $31.75.

Shares of NASDAQ:LQDA opened at $19.51 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 6.27 and a current ratio of 6.27. Liquidia Technologies Inc has a 12 month low of $10.52 and a 12 month high of $38.46.

Liquidia Technologies (NASDAQ:LQDA) last issued its quarterly earnings data on Wednesday, October 31st. The company reported ($0.83) EPS for the quarter, missing the consensus estimate of ($0.57) by ($0.26). The firm had revenue of $0.17 million for the quarter, compared to analysts’ expectations of $1.03 million. As a group, analysts forecast that Liquidia Technologies Inc will post -5.67 EPS for the current fiscal year.

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Liquidia Technologies Company Profile

Liquidia Technologies, Inc is a late-stage clinical biopharmaceutical company focused on the development and commercialization of human therapeutics using its proprietary PRINT technology to transform the lives of patients. PRINT technology is a particle engineering platform that enables precise production of uniform drug particles designed to improve the safety, efficacy and performance of a wide range of therapies.

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